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Dairy Queen closes dozens of locations in Alaska, Montana, Texas
Fox Business • • business
Key Points:
- Dairy Queen has closed dozens of locations across the U.S., including multiple sites in Alaska and Montana, due to financial pressures and franchisee challenges amid a tough economic climate.
- A significant number of closures in Texas resulted from a corporate compliance dispute, where the parent company revoked franchise rights from Project Lonestar for failing to complete required remodels, leading to the shutdown of 42 locations.
- The closures reflect broader struggles within the restaurant industry as independent franchisees face economic constraints and strict corporate mandates.
- Despite these setbacks, Dairy Queen, owned by Berkshire Hathaway and headquartered in Minneapolis, continues to pursue growth, planning to open 20 new "DQ Grill & Chill" restaurants in Puerto Rico.
